Qualified business income deduction - are the QBI worksheets functional that support ln 9 of 2018 1040? TT did not link SE income to QBI ded summary and qbi worksheet

[John-Kristin]

But cannot enter anything other than activity and net income unless override to qbi ded summary.

[dmertz]

Linking of SE income to a QBI Worksheet has not yet been implemented.

[dmertz]

Today's update added linking of Schedule C to a QBI Component worksheet, but for those with taxable income under $315,000 filing jointly or $157,500 for other filers the calculation is producing an erroneously inflated QBI deduction amount.  More updates are needed before the QBI deduction amount can be used by these individuals.

[pjn]

I just performed a what if simple scenario on a Schedule C with basic amounts below the threshold of an SSTB business to test TT and it worked correctly. The key is to link QBI worksheet business income component to a worksheet at the bottom of Schedule C additional information. I performed the calculation manually first to ensure I would get the correct result.  

[Critter]

You are posting on a conversation that is 2 months old ... things have changed since then.

[greints1]

Has turbo tax been updated yet with the Qualified Business income deduction functionality?  When will we know if it is updated?

[dmertz]

TurboTax for individual tax returns now appears to have all of the necessary functionality for the QBI deduction for all types of pass-through entities.  Be sure to go back and step through all of the entry pages for your particular pass-through entity so that the proper linkages are established.

[ihatetheirs007]

Really, I'm not seeing that update.

[tygressk]

It still will not give me a option to fill out the QBI, add link to complete my return which is all i want to do, HELP

[rmackowsky]

Some problem here - no QBI despite starting over. What's the deal?

[ihatetheirs007]

Crap software is the deal. They need to release the update/patch for the issue. My guess is they haven't yet. They get 2 more days before I print the returns, take them to a tax pro and have amex cancel my payment.

[barbie2]

According to Intuit and HR Block, the IRS has not approved the QBI worksheets yet.

[eddiel]

anyone able to get by the QBI link issue

[teehoyt]

Apparently the QBI link issue is still not working properly..Are we going to get a notice when it's avail?

[connie-massey2]

I do not qualify for the QBI and I still can not file my taxes!